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Buying & Selling Real Estate

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Rami H.
  • Rental Property Investor
  • New York, NY
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16
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Selling properties for seller residing outside of the US

Rami H.
  • Rental Property Investor
  • New York, NY
Posted Mar 2 2017, 22:06

Hi,

I have a seller/friend that lives overseas and they own properties in Ohio, Michigan and NY. The seller wishes to give me authority as a real estate investment LLC based In Virginia to sell their properties for them.

What do the seller need to do knowing that they do not reside in the US? What type of contract or agreement is needed for me to act legally on behalf of the seller.

As a Real Estate Investment company, I want to put those properties on contracts with the seller and find buyers for them. Probably I should be working with a realtors where the properties are located to help me find buyers and facilitate the process.

Thank you

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